AMENDMENT NO. 1 Agreement For Purchase and Safe of Real Property and Escrow Instructions Effectively Dated November 8, 2005 (“Agreement”) between TREIT- UNIVERSITY HEIGHTS, LP, as Seller (“Seller”) and ADLER REALTY INVESTMENTS, INC., as Buyer (“Buyer”)
AMENDMENT NO. 1
Agreement For Purchase and Safe of Real Property and Escrow Instructions Effectively
Dated November 8, 2005 (“Agreement”) between
XXXXX-UNIVERSITY HEIGHTS, LP, as Seller (“Seller”) and
XXXXX REALTY INVESTMENTS, INC., as Buyer (“Buyer”)
WHEREAS, the parties desire to amend the above-defined Agreement by this Amendment No. 1 (“Amendment”),
WHEREAS, all defined terms in this Amendment shall have the same meaning as set forth in the Agreement,
NOW, THEREFORE in consideration for good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows:
Extension of Inspection Period The Inspection Period is hereby extended from December 16, 2005 to December 20, 2005.
Except as stated herein, all other terms and provisions of the Agreement shall remain in fill force and effect.
IN WITNESS WHEREOF, Buyer and Seller have executed this Amendment as of the dates below, to be effective December 14 2005.
SELLER:
XXXXX— University Heights, LP,
a Texas limited partnership
By: XXXXX-University Heights GP, LLC, a Texas
limited liability company,
Its: General Partner
By: Triple Net Properties, LLC,
a Virginia limited liability company,
Its: Manager
By: /s/ Xxxx Xxxxxx
Name: Xxxx Xxxxxx
Title: CEO
Executed by Seller this day of December, 2005.
BUYER:
XXXXX REALTY INVESTMENTS, INC., a California
corporation
BY: NAME: ITS: |
/s/ Xxxxxxx X. Xxxxx XXXXXXX X. XXXXX PRESIDENT |
Executed by Buyer this 14 day of December, 2005.